The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides various options that will take you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that were opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.